Explore money transfer alternatives for higher transfer limits or lower fees.
Pros
- Simple, easy-to-use site helping you make a transfer in minutes.
- Choose from bank-to-bank transfers, cash pickups and mobile top-ups.
- Transfer to more than 140 around the world.
Cons
- The higher your transfer, the greater the transfer fees
- Not available to residents of Louisiana or New York.
- Requires government-issued ID after your first transfer.
Alternative sites like WorldRemit
If WorldRemit isn’t offered in your area, you need a higher transfer limit, or you want a cheaper option, read on to find alternatives.
1. XE
Pros
- One of the largest transfer companies in the world.
- Competitive exchange rates and no fees on any transfers.
- No minimum or maximum transfer amount.
Cons
- Rate comparison tool not available until after you’ve registered with the site.
- Bank-to-bank transfers can take up to three days.
XE (Deals)
XE: $0 fees and commissions
Last verified
2. TransferWise
Like WorldRemit, fees with TransferWise vary by where you transfer your money and how much — and you’ll pay more the more you send. But this peer-to-peer money transfer company allows individuals to send as much as $49,999 daily, and businesses up to $200,000. That’s significantly more than WorldRemit’s $9,000 limit.
Pros
- Easily sign up to start transferring money in minutes.
- Transfer from $1 to $199,999 or more, depending on your account.
- Get a strong mid-market exchange rate with no hidden fees.
Cons
- Transfers to bank accounts only with no cash pickup option.
- Can take up to five days for a transfer.
- Social Security number required.
3. Western Union
Pros
- Trusted provider since 1871.
- Transfer to more than 500,000 locations around the world in minutes.
- Competitive live exchange rates updated regularly.
- Transfers using credit or debit cards, cash and banks.
Cons
- Can be more expensive than other transfer companies
- Weak exchange rates 5% more than the mid-market rate.
4. MoneyGram
The second-largest international money transfer service in the world, MoneyGram has more than 350,000 agents worldwide. Like WorldRemit, you’ll pay a fee for every transfer, with rates that depend on where and how much money you send. But MoneyGram sends money to more than 200 countries and territories — more than WorldRemit. However, WorldRemit allows transfers as high as $9,000, making it better for business transactions and payments for exports.
Pros
- Extensive global network of 350,000 agent locations.
- Large pool of services for sending and receiving money.
- Secure and reliable.
- Fast transfers, with same-day service in many locations.
Cons
- Maximum online transfer amount of $6,000.
- Fees vary depending on payment type and transfer destination.
- Transfers must be made in US dollars sent only from the US.
- Local exchange rates vary by transfer destination.
5. Walmart
Pros
- Widespread network of agents gets your money where it needs to go.
- Transfer to more than 190 countries.
- Efficient transfers in as little as 10 minutes.
Cons
- Cash pickups only.
- Rates and fees depend on destination.
6. Travelex
Pros
- Flat fee of $5 for transactions less than $5,000, and no fee on larger amounts.
- Exchange to more than 45 different currencies.
- Home delivery available in some locations.
Cons
- Exchange rates not always competitive.
- No cash payments or cash pickups allowed.
- High $500 minimum transfer.
7. OFX
Pros
- Competitive exchange rates and no transfer fees.
- Available in 195 countries and 55 currencies.
- Offers scheduled and recurring transfers.
Cons
- Bank-to-bank transfers only — no cash pickups.
- New accounts require verification by phone.
8. Ria
In business for more than 30 years, RIA is a global monetary transfer network with more than 240,000 agent locations in 130 countries. Ria’s fee structure is like WorldRemit’s — what you pay depends on where and how much you send. But Ria only has a $3,000 a day maximum transfer amount — so WorldRemit is better for large transfers.
Pros
- Quick transfers, especially great for cash pickup.
- Use a debit card, credit card or bank account to pay for your transfer.
- With 240,000 agent locations in 130 countries, Ria is the third-largest provider of international money transfers worldwide.
- Exchange rates are stronger than most US banks.
Cons
- Maximum daily transfer limit of $3,000 may deter customers who need to transfer larger amounts.
- Prepare to pay a transfer fee that varies depending on your transaction.
- Ria does not offer forward contracts or limit orders.
9. TorFX
Pros
- Competitive exchange rates up to 5% less than banks.
- No fees for transfers to more than 60 countries.
- Fixed exchange rate protection.
- Consult with currency experts.
Cons
- Minimum of $150 transfers.
- Only allows bank-to-bank transfers.
- Site doesn’t offer easy access to info.
10. Currencies Direct
Like WorldRemit, Currencies Direct offers no daily limit on transfers in more than 35 currencies. But Currencies Direct does so without charging fees on most transactions and offers competitive exchange rates. Compared to WorldRemit, Currencies Direct is a strong contender with its market orders, forward contracts, rate alerts and other tools to make your transfers easier and more affordable.
Pros
- No fees on most transfers and competitive exchange rates.
- Low $100 minimum transfer with no maximum limit.
- Worldwide service.
Cons
- Bank-to-bank transfers only.
- Does not support all currencies (though you can contact them if yours isn’t listed)
11. Xoom
Xoom is a leading provider in the digital money transfer market, offering transfers to 67 countries around the world — not as many as WorldRemit. Xoom streamlines money transfers without taking chunks out of your funds for commissions. Like WorldRemit, Xoom charges fees that depend on transfer amount, destination and payment method. However you WorldRemit may be better for larger transfers — Xoom is a small international network and only offers a daily maximum of $3,000.
Pros
- Specializes in international money transfers for more than 14 years.
- Send as little as $10.
- Money-back guarantee if your transfer doesn’t work out.
Cons
- Transfer fees vary depending on methods, amount and destination.
- Sends to only 67 countries.
- Low $2,999 maximum.
12. Paypal
Pros
- Transfers up to $10,000 to more than 200 countries and territories.
- Offers recurring payments.
- Transfer in less than five minutes.
- Multiple digital safeguards in place to protect against fraud and hacking.
Cons
- Better for smaller transfers — the more you send, the more you pay in fees.
- Exchange rates start at 2.5%.
Compare minimum and maximum transfers
Bottom line
WorldRemit offers transfers to most countries around the world and has options for picking up your money. But with a transfer limit of $9,000 each day and higher fees, it may not be the best for transferring large amounts of money.
If you didn’t find an international money transfer service that works for you, compare your options.
